PCS stamps Storm RMBS deal with first STS label

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PCS stamps Storm RMBS deal with first STS label

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A securitization from Obvion, Storm 2019-1, will be the first RMBS deal to receive verification from third-party verifier Prime Collateralised Securities (PCS) and the first Dutch securitization to qualify for the simple, transparent and standardised (STS) regulatory designation.

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